LEGN Legend Biotech Corp.
Biotechnology NasdaqGS
Trading Signals
Overall Signal
BUY
Strong buyish signal based on multiple indicators.
Key Price Levels
Support Levels
- Strong Support $30.53
- Medium Support $32.19
- Weak Support $33.84
Resistance Levels
- Weak Resistance $37.14
- Medium Resistance $38.79
- Strong Resistance $40.45
Stop Loss Suggestions
- Conservative $34.17
- Moderate $33.01
- Aggressive $31.36
Analyst Ratings
Current Rating
Last Month
2 Months Ago
3 Months Ago
Signal Indicator
Indicator | Signal | Strength | Timeframe |
---|---|---|---|
Moving Averages | BUY |
|
Short & Medium Term |
Oscillators | BUY |
|
Short Term |
Trend Indicators | BUY |
|
Medium Term |
Volume Indicators | BUY |
|
Short & Medium Term |
Support/Resistance | NEUTRAL |
|
Short Term |
Stock Price Prediction Price Target Probabilities
Quarterly Outlook
2025-07-01
Bullish Scenario
from current 27.61%
Strong upward momentum and confirmed bullish trend, with potential for significant price appreciation. Indicators point to sustained buying pressure. ADX (18.09) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (50.36) is in bullish territory, indicating upward momentum. MACD line (-1.30) is above Signal line (-2.13) (bullish crossover), confirming upward momentum. Current Weekly ATR is 3.92, indicating the average weekly price range.
2025-07-01
Base Scenario
from current 5.52%
Price is likely to continue its moderate trajectory, reflecting underlying market conditions and historical volatility. Indicators suggest a balanced outlook. ADX (18.09) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (50.36) is in bullish territory, indicating upward momentum. MACD line (-1.30) is above Signal line (-2.13) (bullish crossover), confirming upward momentum. Current Weekly ATR is 3.92, indicating the average weekly price range.
2025-07-01
Bearish Scenario
from current -22.09%
Increased selling pressure and potential for a significant price correction or downtrend. Indicators suggest waning bullish momentum or strengthening bearish forces. ADX (18.09) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (50.36) is in bullish territory, indicating upward momentum. MACD line (-1.30) is above Signal line (-2.13) (bullish crossover), confirming upward momentum. Current Weekly ATR is 3.92, indicating the average weekly price range.
Annual Outlook
2025-07-01
Bullish Scenario
from current 55.23%
Long-term bullish trend with strong fundamental catalysts and sustained institutional buying. Expect significant capital appreciation over the year. ADX (18.09) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (50.36) is in bullish territory, indicating upward momentum. MACD line (-1.30) is above Signal line (-2.13) (bullish crossover), confirming upward momentum. Current Weekly ATR is 3.92, indicating the average weekly price range.
2025-07-01
Base Scenario
from current 11.05%
Steady long-term growth consistent with market and industry averages. Price expected to follow a typical growth trajectory. ADX (18.09) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (50.36) is in bullish territory, indicating upward momentum. MACD line (-1.30) is above Signal line (-2.13) (bullish crossover), confirming upward momentum. Current Weekly ATR is 3.92, indicating the average weekly price range.
2025-07-01
Bearish Scenario
from current -44.18%
Long-term bearish trend with significant headwinds from economic factors, industry disruption, or company-specific issues. Expect notable price depreciation. ADX (18.09) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (50.36) is in bullish territory, indicating upward momentum. MACD line (-1.30) is above Signal line (-2.13) (bullish crossover), confirming upward momentum. Current Weekly ATR is 3.92, indicating the average weekly price range.
Technical Analysis
Trend Identification
EMA
Exponential Moving Average
Current price (35.49) is above both Short MA (34.15) and Long MA (32.40). This indicates strong bullish momentum. Short MA (34.15) is above Long MA (32.40), a bullish crossover ('Golden Cross' if it's a significant period). This indicates an upward trend. MAs (34.15, 32.40, 33.90) show mixed alignment, suggesting market indecision or range-bound activity. Consider long positions. Use the MAs as dynamic support levels.
MACD
Moving Average Convergence Divergence
MACD line is below the Signal line (bearish crossover). This indicates downward momentum. Histogram (-0.0900) is negative and expanding, confirming bearish momentum. Both MACD and Signal lines are above the zero line, reinforcing bullish momentum (bullish territory). A bearish crossover above the zero line can indicate a reversal from a prior uptrend. Consider this as a potential early sell signal.
ADX
Average Directional Index
ADX (22.04) indicates a developing or weakening trend. +DI (29.61) is above -DI (18.92), suggesting a bullish directional bias. Be cautious with current positions. Monitor for trend continuation or reversal signals.
Momentum Measurement
RSI
Relative Strength Index
RSI (58.54) is in the bullish territory, but not yet overbought. This indicates upward momentum. Monitor for continuation or signs of weakness.
OBV
On-Balance Volume
OBV (-16043298.00) is rising, indicating buying pressure and accumulation. Price is rising and OBV is rising. This is bullish confirmation, indicating buying pressure supports the price increase. Consider holding long positions or initiating new ones. Volume is supporting the trend.
Stochastic
Stochastic Oscillator
Stochastics (%K: 59.12, %D: 50.19) are in the neutral zone (between 20 and 80). A bullish crossover (%K above %D) is observed. This indicates upward momentum. Be cautious if it's already in the overbought region.
CCI
Commodity Channel Index
CCI (20.04) is between 0 and +100. This indicates bullish momentum is present, but not yet extreme. A move above 0 from negative territory (bullish zero-line cross) can indicate a potential buy signal.
Volatility Measurement
ATR
Average True Range
Current ATR is 1.8300. ATR indicates average volatility. Market conditions are relatively stable.
Bollinger Bands
Volatility Bands
Current price (35.49) is within the Bollinger Bands (29.15 - 39.15). This suggests the price is trading within its typical volatility range. Price is above the Middle Band (34.15), indicating short-term bullish bias. Bollinger Bands are wide. This indicates high volatility. Prices tend to revert to the mean after extended periods of high volatility.
Risk Management & Potential Reversals
SAR
Parabolic Stop and Reverse
SAR points above price indicate bearish trend. Current SAR at 38.21 is 7.66% from price. Consider SAR as a potential take-profit level or to confirm a downtrend.
Stochastic
Neutral
Stochastic is in neutral territory (59.1). No clear overbought/oversold signal. Current crossover status: Bullish.
RSI
Reversal Perspective
Current RSI level is in neutral territory. No RSI divergence detected. Current RSI level doesn't suggest imminent reversal.
Bollinger Bands
Reversal Perspective
Bollinger Bands are widening, indicating high volatility and potential strong trend continuation.Price is in the upper half of the bands, suggesting a bullish bias.No indication of imminent volatility expansion or reversal.
Holder List (Top 20)
Holder Name | Holder Type | Shares | Pct. Held | Date Reported |
---|---|---|---|---|
FMR, LLC | INSTITUTIONAL | 13204213 | 7.19% | 2025-03-31 |
Westfield Capital Management Co LP | INSTITUTIONAL | 6917567 | 3.77% | 2025-03-31 |
Price (T.Rowe) Associates Inc | INSTITUTIONAL | 6729779 | 3.66% | 2025-03-31 |
HHLR Advisors, LTD | INSTITUTIONAL | 5984550 | 3.26% | 2025-03-31 |
Blackrock Inc. | INSTITUTIONAL | 4527000 | 2.47% | 2025-03-31 |
Suvretta Capital Management, LLC | INSTITUTIONAL | 3749965 | 2.04% | 2025-03-31 |
Fidelity Select Portfolios-Health Care Portfolio | MUTUALFUND | 3164271 | 1.72% | 2025-04-30 |
Braidwell LP | INSTITUTIONAL | 2977951 | 1.62% | 2025-03-31 |
AIM Investment Fd.s -Invesco Developing Markets Fd. | MUTUALFUND | 2964224 | 1.61% | 2025-01-31 |
Invesco Ltd. | INSTITUTIONAL | 2936703 | 1.6% | 2025-03-31 |
Massachusetts Financial Services Co. | INSTITUTIONAL | 2270264 | 1.24% | 2025-03-31 |
Janus Henderson Group PLC | INSTITUTIONAL | 2057804 | 1.12% | 2025-03-31 |
Fidelity Advisor Series VII-Fidelity Advisor Health Care Fund | MUTUALFUND | 1840000 | 1% | 2025-04-30 |
MFS Series Trust IV-MFS Mid Cap Growth Fund | MUTUALFUND | 1562265 | 0.85% | 2025-02-28 |
Fidelity Rutland Square TRT II-Strategic Advisers Fidelity U.S. Total | MUTUALFUND | 1532540 | 0.83% | 2025-04-30 |
T. Rowe Price Equity Funds, Inc.-T. Rowe Price Large-Cap Growth Fund | MUTUALFUND | 1471732 | 0.8% | 2025-03-31 |
VANGUARD SPECIALIZED FUNDS-Vanguard Health Care Fund | MUTUALFUND | 1437205 | 0.78% | 2025-01-31 |
Variable Insurance Products Fund II-Contrafund Portfolio | MUTUALFUND | 1390400 | 0.76% | 2025-04-30 |
SMALLCAP WORLD FUND INC | MUTUALFUND | 1267165 | 0.69% | 2025-03-31 |
Fidelity Securities Fund-Fidelity OTC Portfolio | MUTUALFUND | 1174382 | 0.64% | 2025-04-30 |